Clipped from: https://www.business-standard.com/article/opinion/future-imperfect-122071101470_1.html The gradual loss of momentum of growth in sentiments can be traced to the deterioration in consumer expectations from the future The Index
Month: July 2022
*******Understanding inflation in the US | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/understanding-inflation-in-the-us-122071200026_1.html Lessons from economics and history need to be applied appropriately by the public authorities to the changing situations The inflation rate in the US touched
Is commodity prices spike sparking emerging markets crises? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-commodity-prices-spike-sparking-emerging-markets-crises/article65628178.ece Food and fuel price increases have wreaked havoc and fuelled inflation in many developing economies. But their debt problems cannot be blamed on
RBI allows international trade settlement in Rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-allows-international-trade-settlement-in-rupee/article65627903.ece This comes even as the rupee sank to new low; may help in trade with countries such as Russia, Iran and Sri Lanka
*IBBI mandates insolvency professionals to raise bills only in their names – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ibbi-mandates-insolvency-professionals-to-raise-bills-only-in-their-names/article65628084.ece Also mandates RPs to disclose relationship with corporate debtor, financial creditors and resolution applicants Insolvency regulator IBBI has mandated that insolvency professionals should
Gaming GST Rates: GST on gaming and gambling: Don’t ‘game over’ before it has even begun – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/gst-on-gaming-and-gambling-dont-game-over-before-it-has-even-begun/articleshow/92812277.cms Synopsis Caught between a perception that online games are nothing but a rich man’s gambit that only whips up greed and promotes gambling,
*Vivo ED Case: Vivo asks ED to unfreeze bank accounts, says action ‘jeopardising existence,’ disrupting ops – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/vivo-asks-ed-to-unfreeze-accounts-says-action-jeopardising-existence/articleshow/92814251.cms Synopsis Yes Bank, Bank of Baroda, HSBC, ICICI Bank, Citibank, IDBI Bank, HDFC Bank, Standard Chartered Bank and DBS Bank operate Vivo India’s
*******High inflation, low incomes, budget deficit: Here’s what is pushing Europe into an economic dark age – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/high-inflation-low-incomes-budget-deficit-heres-what-is-pushing-europe-into-an-economic-dark-age/primearticleshow/92809636.cms SynopsisEurope is staring at a lost decade. While the Russia-Ukraine war has resulted in higher food and fuel prices, the delay in labour-market
*****India External Debt: Centre allays concerns over $620.7 bn external debt, says its share only 21% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/centre-allays-concerns-over-620-7-b-external-debt-says-its-share-only-21/articleshow/92811944.cms Synopsis The government on Monday dismissed apprehensions about India’s external debt, saying out of India’s total external liability of $620.7 billion, the Centre’s
*Retail inflation likely held steady just above 7% in June: Report | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/economy/india-inflation-likely-held-steady-just-above-7-in-june-poll-8022756/ The July 4-8 Reuters poll of 42 economists showed inflation as measured by the consumer price index (CPI) was steady at an annual
*TCS Share Price Today, July 11, 2022: TCS shares fall 4.7% post Q1 Earnings
Clipped from: https://indianexpress.com/article/business/market/tcs-share-price-today-july-11-q1-june-quarter-profit-earnings-results-dividend-8021650/ Tata Consultancy Services (TCS) Share Price, 11 July 2022: The TCS stock fell 4.70 per cent to end at Rs 3,112.00 apiece on
*TCS Q1 results: Premium valuation will come under pressure – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/tcs-q1-results-premium-valuation-will-come-under-pressure/article65626001.ece Investors must wait for more correction before considering investing in the stock While TCS’ revenue growth in the last two years was underperforming
*Tax Query:What if your employer calculates HRA exemption incorrectly? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-what-if-your-employer-calculates-hra-exemption-incorrectly/article65615619.ece You may claim the correct exemption amount while filing your return of income for the respective year I want to know about HRA
*Some MPC members may push for more aggressive rate hike – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/some-mpc-members-may-push-for-more-aggressive-rate-hike/article65627265.ece Some members of the MPC favour rate hikes to ensure that inflation comes back in the range of 2-6% Some members of the
*Tractor exports hit historic high in June; production and sales too soar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/tractor-exports-hit-historic-high-in-june-production-and-sales-too-soar/article65627137.ece For the 13th month in a row, tractor exports stay above 10,000 levels; Q1 exports grew 32% June proved to be a strong month
*TCS Q1 review: Brokerages caution against early signs of demand slowdown | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/tcs-q1-review-brokerages-caution-against-early-signs-of-demand-slowdown-122071100255_1.html The company has indicated that the near-term demand outlook remains strong, but senior-level client executives have started discussing a potential recession, said Nomura.
*RBI allows settlement in rupee to settle trade with Russia, Sri Lanka | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-allows-settlement-in-rupee-to-settle-trade-with-russia-sri-lanka-122071101185_1.html Exchange rate of two trading partners may be market determined, says central bank Photo: Bloomberg The Reserve Bank of India (RBI) has allowed trade settlement between India
*Forex reserves & rupee’s exchange rate: What are they and how are they related? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/forex-reserves-rupee-exchange-rate-explained-8021551/ In this edition of ExplainSpeaking, we look at forex reserves and exchange rates, how they impact each other, and why it’s necessary to
*****Levying GST on games of skill can be tricky – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/levying-gst-on-games-of-skill-can-be-tricky/article65624518.ece The government must take a holistic approach, else revenues could fall and users may shift to unregulated foreign portals The Group of Ministers
*Start-up slowdown | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/start-up-slowdown-122071000495_1.html *Raising funds is becoming difficult Around last year this time, unicorns (essentially tech-focused start-ups with a valuation of $1 billion or more) were popping up
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